Business Blog

GLOBAL MARKETS-OPEC inaction sends Brent to four-year low, hits stocks

* Brent Crude rallies off 4 year low, but set for 15 pct Nov drop* FTSEurofirst falls, led lower by oil & gas stocks* Euro zone data shows inflation weak, Bund pinned at lows* Dollar gains against commodity currencies, euro and yenBy Alistair SmoutLONDON, Nov 28 (Reuters) - Brent crude fell to a fresh four-year low on Friday, sending oil-related shares and currencies lower, after OPEC decided to r
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Eurozone inflation returns to 5-year low

Prices grew only by 0.3% in the year to November

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House price growth lowest since 2013

The UK housing market is continuing to slow, Nationwide says, with annual house price inflation falling to 8.5% in November.

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Eurozone inflation rate falls to 0.3%

The eurozone inflation rate falls to 0.3%, suggesting that deflation remains a threat for the 18-nation bloc.

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GLOBAL MARKETS-OPEC inaction halts Europe rally; dollar firms

* Brent Crude set for 16 pct drop in November* FTSEurofirst falls, led lower by oil & gas stocks* Euro zone inflation data at 1000 GMT; Bund pinned at lows* Dollar gains against commodity stocks, euro and yenBy Alistair SmoutLONDON, Nov 28 (Reuters) - Oil prices extended their recent slide on Friday, sending related shares and currencies lower, after OPEC decided to refrain from cutting output des
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Energy firms hit with £39m penalty

Regulator Ofgem imposes record £28m penalty on power generator Drax, while InterGen faces an £11m payout, for missing energy saving obligations

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